Entrepreneurs need to recharge
My wife and I recently returned from a 12 days overseas trip. You would think that I am refreshed and revitalised by the break.
It was fantastic in being able to see family and spend some time alone with my wife in the romantic Cotswolds.
Yet truth be told, I found myself drained and exhausted this past week.
Travel is both exciting and tiring, and I think that contributed somewhat to this feeling of being drained.
Yet I think it was more the very busy 9 months preceding the break that “ganged up” and resulted in being flat this past week.
Which reminds me of the journey and challenge that every entrepreneur experiences week in and week out.
Entrepreneurs may be constantly subjected to the three big D’s and need to build resistance to stay the course and recharge.
The three big D’s? Being Drained; Disappointment and Discouraged.
Here’s a few ways to recharge for each of the big D’s
- Being Drained. This means to deprive of strength or vitality, as in a very “draining week”
- You can feel as if a whole lot of people and circumstances have stuck straws into you and are draining you of energy!
- This maybe because your output exceeds your input; or that you are ignoring your bodies signal to slow down or to rest and replenish. On a personal note, I am generally someone with high tolerance, able to navigate most trying situations. When I find myself getting grumpy or frustrated, I take that as a red flag that I might be experiencing a measure of being drained.
Some ways to recharge maybe to have a mini break of some sort. Even a break from routine can be energising. Getting around people and processes that inspire you can also be highly valuable
Consider this quote by Susan C. Young “Are you managing your energy well and using it for things that matter? Do you stop to recharge before you push yourself to critically low levels? Unplug to recharge.”
- This means sad or displeased because someone or something has failed to fulfil one’s hopes or expectations.
When we focus on our gratitude, the tide of disappointment goes out and the tide of love rushes in. Kristin Armstrong
All of us will face disappointments of some type and shape. The deal doesn’t go through; the person you thought would back you didn’t; the bank/investor rejected your application etc.
Disappointment is inevitable, but discouragement is a choice. What happens to you is not as important as how you respond to what happens to you.
I have found a way of building resilience and a shock absorber to disappointments (inevitable) is to have a system of being deliberately grateful and appreciative. A nifty app that I use is called be Grateful that helps me steer away from being swamped with what is wrong, what I don’t have etc, and helps to focus on what I do.
Consider these wise words by Avi Savar, CEO of Dreamit What Makes Gratitude? In short, gratitude makes grit effective. Where some might wallow in a failure, an entrepreneur with gratitude realizes the lessons learned will help propel the next project to success. Gratitude encompasses more than just a positive attitude. People who are thankful are generally happier. Starting a business takes a lot from a person, and giving thanks allows you to better understand those around you. This empathy is absolutely key for any successful venture. When you appreciate and respect those you work with, you build a team that is not only talented, but even more dedicated to achieving your goals.
- This means a loss of confidence or enthusiasm; dispiritedness.
This is the polar opposite of encouragement and an entrepreneur may be affected by discouragement over time. I like to think that it is significant that the word “courage” is “hidden in both encoragement and discouragement. I believe it is relatively easy to appear confident and poised in an encouraging environment, but rather tough if you are smack in the middle of a discouraging environment. It does require considerable courage and grit
It’s hard to define grit, because even though it’s found in the boardroom, classroom, and playing field, everyone has taken a different path to get there. What it does have in common wherever it’s found is success. The ability to not only get knocked off the horse, but to get right back on. Again and again, no matter how many times it takes.
Anyone who has tried to start a company has probably failed at least once, and the people who’ve started a successful company have probably failed a lot more than that. They managed to do it again, taking with them the lessons from their prior failures, rather than living in them. Ben Horowitz, one of Silicon Valley’s most successful venture capitalists, author of The Hard Thing about Hard Things, and no stranger to hard times notes, “You have to keep looking for a move. Even if you are dead and buried and they have shoveled dirt on you, you have to keep going.”
PS: For those entrepreneurs in Cape Town, the Cape Town leg of Pitch and Polish is coming up on the 11th November. You will find the link here:- https://pitchandpolish.com/national-home/national-workshop/
Here’s to building strong businesses, led by resilient horses.